Lennar and Veev Partner on Modular Construction Development

Lennar and panelized building technology, Veev, recently committed to a new residential community as a follow-on to Lennar’s investment in Veev’s $200 million financing rounds. The new Northern California community of 102 attached homes is expected to break ground in the coming months and will be the largest community to date exclusively featuring homes built with Veev’s approach to design and construction.

Veev’s solution to traditional homebuilding challenges focuses on streamlining design, material selection, modular prefabrication and technology processes to deliver homes up to four times faster than the industry standard. Veev designs and manufactures complete wall systems that include plumbing, electrical and technology features, and can be assembled onsite quickly by small teams. Veev also integrates technology to deliver a digital home from the start.

“Working with Lennar to deliver these new homes is an important proof of our ability to scale our technology and manufacturing to meet the needs of large national homebuilders,” said Amit Haller, Veev co-founder and CEO. “We are eager to introduce our panelized approach to design and construction to Lennar homebuyers very soon.”